Tag: gst council

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CBIC allows 90% provisional refund for IDS claims

New Delhi: The Central Board of Indirect taxes and Customs (CBIC) has instructed its field formations to sanction 90% of the refund amount claimed on…

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Posted in Economy

Isabgol processors threaten to halt purchases from October 6 over GST

The processors of isabgol or psyllium, a dietary fibre which is used as a thickening agent in drinks, bakery, atta, and soups and is also…

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Factory activity slows to 4-month low in September

India’s manufacturing activity slowed to a four-month low of 57.7 in September as growth in new orders, output and input buying rose at the slowest…

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NCH receives 3,000 GST-related complaints post tax cuts: Consumer Affairs Secretary

New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government’s National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST…

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GST reforms will boost market purchasing and economy: MoS Pankaj Chaudhary

The recent GST reforms will spur market consumption and boost the domestic economy, Minister of State for Finance Pankaj Chaudhary said on Monday. He said…

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Exporters to get 90% upfront refund only after GST law change

The decision to allow 90% upfront refund for exporters under the goods and services tax (GST) framework may take time to be operationalised as the…

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Posted in Economy

RBI sees GST reforms, policy measures driving consumption, business ease and growth optimism for H2 FY26

The tax reforms and policy push should lay a foundation for a sustained consumption demand side while boosting ease of doing business in the supply…

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New GST rates: You missed the cheaper deal that may not return soon

With the middle-class strata of India all set to hit the markets this Diwali, the government had a different plan for the richer counterparts under…

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Which sectors will gain from new GST reforms beginning from Monday?

The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare,…

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New GST reforms set to inject Rs 2 Lakh Cr into economy: Finance minister Sitharaman

New Delhi: The recent goods and services tax reforms will help pump in ₹2 lakh crore into the economy, finance minister Nirmala Sitharaman said on…

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